Cooler weather hurts profits of Great Plains Energy

Great Plains Energy on Thursday reported a decline in third quarter earnings due largely to warmer weather that curbed the use of air conditioning.

The company, which is the parent of KCP, said earning for the quarter ending Sept. 30 were $142.7 million or 93 cents per share. That was down from $145.8 million or 95 cents per share for the same period last year.

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